# PPP loan: MADER NEWS INC.
> **$266K** approved 02/05/2021 · Paid in Full · Loan `3767628401`
## Borrower
- **Name:** MADER NEWS INC.
- **Address:** 913 Ruberta Ave, Glendale, CA, 91201-2346
- **NAICS:** 424920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 06/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $266K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*